But the case was lost and Guilfoyle now says Bishop International has "absolutely assured" him that the deal is still on.

The proposed deal will see them buy Home Park and the land around it as well as see Peter Ridsdale become the new owner.

There has been no comment from Bishop International's representative Kevin Heaney and the deal is also reliant on approval from the Football League - because Heaney is chairman of Truro City FC - which has not be forthcoming so far.

The exclusive contract allowing Bishop International to take control of the club was due to run out on Friday 12 August.

But Guilfoyle says he is "well disposed" to giving them extra time as he is being assured that "reasonable progress" is being made.

The staff agreed to the deferral after being given assurances from Ridsdale that a purchase is imminent.